Key Findings
The Europe identity verification market is anticipated to record a CAGR of 15.65% during the forecast period, 2023-2032. The market growth is accredited to the range of strategic initiatives adopted by key players to survive the global competition. These include acquisitions, product developments, business & capacity expansion, partnerships, and mergers.

Market Insights
Italy, Spain, Belgium, France, Poland, the United Kingdom, Germany, and Rest of Europe are evaluated for the Europe identity verification market growth assessment. The escalating concern of scams and thefts in various industries, such as car rentals, banking and fintech, and online marketplaces, has become a growing issue in France. This is further compounded by the increasing number of companies and businesses across the country seeking to engage in online transactions. According to a 2022 report by CyberEdge Group, which gathered responses from information security professionals worldwide, approximately 89.3% of French organizations experienced a cyberattack within a 12-month period. This represents an increase from about 81.1% in 2020. Consequently, there is a rising demand for identity verification solutions and services in different sectors to mitigate fraud and cybercrimes.
In response to customer requirements, market players are actively developing and launching a variety of technologically advanced and innovative products. They are also forging collaborations with government organizations and agencies. For instance, the partnership between Agence Nationale des Titres S?curis?s (’ANTS’), the French government agency, and IDEMIA in 2021 to work on France Identit? Num?rique, the national digital ID program. Such factors offer growth opportunities for the analyzed market in France.

Competitive Insights
Some of the prominent firms in the market include Trulioo Information Services Inc, TransUnion LLC, TruNarrative, Thales Group SA, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation caters to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments